OTEX vs. DSG, KXS, CLS, GIB.A, LSPD, DCBO, ENGH, DND, CMG, and TCS
Should you be buying Open Text stock or one of its competitors? The main competitors of Open Text include The Descartes Systems Group (DSG), Kinaxis (KXS), Celestica (CLS), CGI (GIB.A), Lightspeed Commerce (LSPD), Docebo (DCBO), Enghouse Systems (ENGH), Dye & Durham (DND), Computer Modelling Group (CMG), and Tecsys (TCS). These companies are all part of the "computer and technology" sector.
The Descartes Systems Group (TSE:DSG) and Open Text (TSE:OTEX) are both large-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, community ranking, institutional ownership, earnings, valuation, dividends, profitability and media sentiment.
Open Text received 11 more outperform votes than The Descartes Systems Group when rated by MarketBeat users. Likewise, 71.62% of users gave Open Text an outperform vote while only 64.01% of users gave The Descartes Systems Group an outperform vote.
The Descartes Systems Group has a beta of 0.76, indicating that its stock price is 24% less volatile than the S&P 500. Comparatively, Open Text has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500.
Open Text has higher revenue and earnings than The Descartes Systems Group. The Descartes Systems Group is trading at a lower price-to-earnings ratio than Open Text, indicating that it is currently the more affordable of the two stocks.
The Descartes Systems Group has a net margin of 20.23% compared to The Descartes Systems Group's net margin of 2.24%. Open Text's return on equity of 9.92% beat The Descartes Systems Group's return on equity.
The Descartes Systems Group currently has a consensus target price of C$89.67, suggesting a potential downside of 31.17%. Open Text has a consensus target price of C$51.50, suggesting a potential upside of 5.71%. Given The Descartes Systems Group's stronger consensus rating and higher possible upside, analysts clearly believe Open Text is more favorable than The Descartes Systems Group.
In the previous week, The Descartes Systems Group had 2 more articles in the media than Open Text. MarketBeat recorded 3 mentions for The Descartes Systems Group and 1 mentions for Open Text. Open Text's average media sentiment score of 0.23 beat The Descartes Systems Group's score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the media.
87.8% of The Descartes Systems Group shares are held by institutional investors. Comparatively, 77.9% of Open Text shares are held by institutional investors. 0.0% of The Descartes Systems Group shares are held by company insiders. Comparatively, 2.2% of Open Text shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
The Descartes Systems Group and Open Text tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OTEX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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